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Salzburg is an attractive economic location

The economic mix of service companies and enterprises in manufacturing and industry guarantee a high quality and balanced growth of work and employment.  By avoiding unnecessary bureaucracy, by providing specific support for locating and expanding companies and by means of an improved location marketing Salzburg has established itself as one of the most attractive regions for investment in Europe.  

The Centre for Innovation and Location Policy (ZIS), a service portal, is available to businesses.  This is the central office for dealing with many business affairs: from business promotion to location marketing, making land available for development as well as the transfer of innovative ideas and technology.  The Centre for Innovation and Location Policy has been devised as a "one-stop shop", giving it a clear advantage in providing services. Four service and consultancy institutions are housed under one roof: the Department of Business, Trade and Energy of Land Salzburg, the Salzburg Agency, Salzburg Company for the Transfer of Innovative Ideas and Technology Ltd. (ITG) and Land Invest.

With the Salzburg Company for the Transfer of Innovative Ideas and Technology Ltd., which operates as an intersection between business and science, and supports the setting up of networks and clusters, a further central actor was created in the sphere of technology and location policies.  As a strategic platform it develops and launches research and innovation projects.  By checking on their implementation it ensures that the results of research, innovations and new technologies can be more easily exploited by enterprises. The eight shareholders of the ITG Salzburg (Land, Chamber of Commerce, Techno-Z Association, the Company of Polytechnic Universities, the Industrialists Association, the Salzburg Research Company, the Location Agency and Salzburg University) are all institutions that aim to promote and strengthen Salzburg as a location for business and research.



Salzburg’s magnetism also has a positive effect in attracting new companies to the area. Over the past few years renowned industrial enterprises active primarily on international markets have been successfully attracted to Salzburg, firms like Sony, TRW/Repa, PKL, Johnson Control, Ascom or Binder Holz. The image of Salzburg as an international business location is also characterised by other firms with worldwide operations, such as Palfinger Crane Technology, Atomic, Red Bull, Wiberg (spices), Rocco (model railways), Ökopharm (functional food), Liebherr, EvoBus, Kaindl, Dentalwerke Bürmoos or König (Mozart Liqueur). In order to exploit the chances offered by Salzburg’s economy in the global, rapidly changing competitive world, the "Salzburg Agency" engages in professional location marketing. By careful selection of target groups at home and abroad the agency aims to attract investors interested in setting up companies, strategic alliances and co-operations. Since 1998 the Salzburg Agency has attracted over 65 international companies creating 540 new jobs, including the major software company SAP and its training centre, to Salzburg. The regional government’s policy of attracting companies to the region is particularly keen to encourage high-tech enterprises, production companies with high-quality jobs, and service and logistic companies closely linked to industry. It is important that by founding companies and attracting them to set up plants or offices here, particularly strong fields, for instance in the wood or multimedia sector, can be created. Further arguments for setting up a company in Salzburg are a minimum of bureaucracy and procedural measures for creating companies, in comparison with all the other Austrian lands, and an excellent technical infrastructure.

What is equally important is the care and attentiveness given to thousands of enterprises that have been successfully operating in Salzburg land for years and which, through continuous growth and active investment, make a decisive contribution to securing jobs and training posts for about 210,000 gainfully employed persons. It is the economic policy of the land in fostering these enterprises to ensure the continued development of modern infrastructure, enormous investments in an attractive range of educational possibilities that take account of future trends, subsidies for building and expanding centres of technology, the provision of innovation and technology consultations. Furthermore, research and development projects and investments by small and intermediate enterprises are given specific funding.